§ Mr Spearingasked the Minister of Agriculture, Fisheries and Food what was the amount of wheat taken into intervention stocks in 1974 and the amount taken out; and what effect this had on prices.
§ Mr. PeartI would refer my hon. Friend to the reply which I gave him on 20th May 1975.—[Vol. 892, c.363.]
§ Mr. Woofasked the Minister of Agriculture, Fisheries and Food how the EEC calculates levies on soft wheat; and what notional world price has been used in the most recent week for which figures are available.
725W
§ Mr. StrangEach working day the Commission calculates the import levy to be applied on all imports of common wheat—that is, all wheat except "durum"—with effect from the following day. This is done by collecting information on cif prices for this wheat offered to the Community, correcting them to a standard EEC quality basis and, if they are for other ports, to a Rotterdam basis. The lowest corrected price
ua/tonn Date Threshold Price for May Lowest Corrected C.I.F. Offer Price Full EEC Import Levy 4th May 1975 … … … 135.00 92.55 42.45 15th May 1975 … … … 135.00 91.38 43.62 16th-20th May 1975 … … 135.00 90.65 44.35 21st-22nd May 1975 … … 135.00 91.74 43.26